Tuesday, February 12, 2013

General Atlantic bids for 32% of Hyperion

7 February 2013 |By Newsdesk

American firm eyes BP Marsh and 3i of game

Private equity firm General Atlantic is offer to buy BP's stake in Marsh and 3i Hyperion, insurance Times understands.

Last month, 3i held talks with an unnamed party than about the sale of its stake of 19.1%. BP Marsh has an interest of 13.8%.

General Atlantic has offerings for 100% of both companies bet made.

3i and General Atlantic would not comment. BP Marsh would not confirm or deny the story.

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Title Post: General Atlantic bids for 32% of Hyperion
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